The first thing we know is that all the answers equal 99, so we cannot cross any answer off, however, what we want to know is what answer (after distribution) looks like 36 + 63...
The formula of the future value of annuity due is Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]×(1+r/k) Fv future value 1250675 PMT semiannual payment? R interest rate 0.045 K compounded semiannual 2 N time 30 years Solve the formula for PMT PMT=Fv÷ [(1+r/k)^(kn)-1)÷(r/k)]×(1+r/k) Plug in the formula PMT=1,250,675÷((((1+0.045 ÷2)^(2×30)−1)÷(0.045÷2))×(1+0.045÷2)) =9,828.44...Answer